Question 1 (of 11) 9.09 points Pinsetter's supply is a merchandiser of three different products. The company's February inventories are 28 footwear, 21,000 units, sports equipment, 78,000 units; and apparel, 49,500 units. Management believes that excessive inventories have accumulated for all three products. a new policy dictates that As result, a ending inventory should equal the expected unit sales for the following month. Expected sales in units for March, April, May, and June follow. Budgeted Sales in Units March April May June Footwear 15,000 23,500 31,500 35,000 Sports equipment 70,500 89,000 95,500 89,500 Apparel 41,500 38,000 34,000 24,000 Required 1. Prepare a merchandise purchases budget (n units) for each product for each of the months of March, April. and May. (Amounts to be deducted should be indicated with a minus sign. Omit the sign in your response.) PINSETTER'S SUPPLY Merchandise Purchases Budgets For March, April, and May March FOOTWEAR Budgeted sales for next month 31500 Ratio of ending inventory to future sales 28 Budgeted beginning inventory Add: Budgeted sales 3150 MacBook Pro esC